Comox Valley Real Estate - March 2024

Comox Valley Real Estate - october 2026 update

Comox Valley statistics for the month of September 2026 :

  • Average sell price of a detached home in September was $859,500; this is down 2.9% from last month and down 1.1% from last year.
  • There were 206 active residential listings in September, this is up 5.6% from last month and up 9.6% from last year.
  • It took an average of 58 days to sell a detached home in September, this is 35% slower than last month and 23% slower than last year.     
  • A total of 37 detached homes sold in September; this is down 12% from last month (42 sold) and down 38% from last year (60 sold).

For detailed information, visit Comox Valley Real Estate Statistics or contact me directly. 

Interest rate remains unchanged

Bank of Canada holds Interest rate at 2.25%

The Bank of Canada maintained its policy rate at 2.25% on September 2, 2026, marking a sixth consecutive hold for the year following a cut in October 2025. Citing continued uncertainty due to the conflict in the Middle East —affecting global energy prices— and ongoing trade uncertainties, the Bank of Canada maintained a cautious stance. The next rate announcement is scheduled for October 28, 2026.

To read press release, visit:  https://www.bankofcanada.ca/2026/09/fad-press-release-2026-09-02/

To help understand and analyze how changes in interest rates affect your mortgage, please visit my mortgage calculator

Interest rate remains unchanged

zoning density amendments for municipalities

Recent provincial legislation regarding increased densification of communities came into effect on July 1st, 2025. This new zoning allows single family lots to have multiple dwellings.  For more information on these new regulations and the opportunities (and challenges) they offer, please contact me.

Mount Washington Ski Seaon

Mount Washington Alpine resort - now closed for summer and waiting for snow to fly!

Mount Washington resort is busy preparing for the winter season ahead! The tentative opening day for winter operations is scheduled for December 11, 2026 - weather & snow conditions dependent.

For the latest resort update, please click website link:  mountwashington.ca

For real estate questions regarding buying or selling Mt Washington properties, please contact me.  


MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.